Versatile Industrial Opportunity Zone Property

49 Blanchard, Lawrence, MA 01843

View on Map

For Sale

$5,800,000

Over 50,000 sq ft of rentable space for sale.

Type:Commercial

Property size:

50,000 SF

Price / SF:

$116/SF

HighLights

Over 50,000 sq ft of rentable industrial/warehouse/office space.
Located in a classified Opportunity Zone.
Multiple loading docks.
Good candidate for condo/residential conversion.
7.2 percent cap rate with room for rent increase.
Walking distance to commuter rail and public transportation.

We can help!

Listing Contact

Fermin Group

For Sale

$5,800,000

Over 50,000 sq ft of rentable space for sale.

Type:Commercial

Property size:

50,000 SF

Price / SF:

$116/SF

Added:: Apr 10, 2025
Days on Market:: 434
Last Refresh:: Apr 5 at 8:18 pm

Property Features for 49 Blanchard

General Information

Standard status: Active
Size: 50,000 SF
Property subtype: Commercial

Building Details

Year Built: 1880

We can help!

Listing Contact

Fermin Group

Listing agent Fermin Group

Listing office Century 21 North East

Listing date Apr 10, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Century 21 North East

HighLights

Over 50,000 sq ft of rentable industrial/warehouse/office space.
Located in a classified Opportunity Zone.
Multiple loading docks.
Good candidate for condo/residential conversion.
7.2 percent cap rate with room for rent increase.
Walking distance to commuter rail and public transportation.

Overview

This versatile property features over 50,000 square feet of rentable building space. The property is located in a classified Opportunity Zone. It includes multiple loading docks. The property is a potential candidate for condo or residential conversion. Currently, the property has a 7.2 percent cap rate, with room for rent increase. The property is within walking distance of the commuter rail and public transportation. The property is suitable for industrial, warehouse, and office use.

Property Profile Location Intelligence

Current Use by Public Records

NailphoriaCo Hair Salon AJAX MOVING, LLC Moving Company The Credit Cycle Financial Advisor All Pro Floor ... Hardware & Home Improvement Royal Prestige (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

AJAX MOVING, LLC — 49 Blanchard St suite 206-5, Lawrence, MA 01843
ABC Moving & Storage — no address, Lawrence, MA 01843
Mondelez International — 113 S Union St #2, Lawrence, MA 01843
All Moving and Delivery — 79 Shawsheen Rd, Lawrence, MA 01843
King Movers & Storage — 439 S Union St Ste 206, Lawrence, MA 01843

Location Insight

Map
Local Demand

City: Lawrence
County: Essex
State: Massachusetts
Longitude: -71.1611
Latitude: 42.6965

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For sale
Warehouses
MA
Lawrence
01843
49 Blanchard

What type of property is this?

Warehouse - Over 50,000 sq ft of rentable space for sale.

Where is this warehouse located?

The property is located at 49 Blanchard Lawrence, MA.

What is the asking price?

The asking price for this property is $5,800,000.

What are key features of this property?

This property features: Over 50,000 sq ft of rentable industrial/warehouse/office space.; Located in a classified Opportunity Zone.; Multiple loading docks.

49 Blanchard, Lawrence, MA 01843

Over 50,000 sq ft of rentable space for sale.

Property Features for 49 Blanchard

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Tower Hill Multifamily Investment

Updated Duplex in Lawrence, MA

Turnkey Medical Office Suite

Top-Floor Medical Suite with River Views

Turnkey Bakery with Commercial Kitchen

Turnkey Medical Office Suites

Commercial Property in High-Traffic Area

Equipped Commercial Space in Lawrence

Lawrence Multifamily Investment Opportunity

Restaurant and Grocery Store Opportunity

Turnkey Medical Office Investment Package

Profitable Restaurant & Taqueria Opportunity

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